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Telecom & Wireless

If Palm Is Still Around, It Has An AT&T Deal

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By Douglas A. McIntyre Updated Published
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Palm (PALM) has set a deal to sell its handsets though AT&T (T) Wireless. Unfortunately, the relationship does not begin “for a few months.” Palm will market its Palm Pre Plus for $149.99 and its Pre Pix for $49.99. The handset firm will need the extra $.99 on each unit, based on its recent quarterly earnings.

The Palm retail prices are based on subscribers buying a two-year subscription plan with AT&T. Customers have to send proof of purchase to get a $100 rebate or pay that much extra for the phones.

Fortunately for Palm and AT&T, no one bothers to send in the rebate slip, either because they lose it or don’t think it is worth the time.

Palm will probably have trouble selling its Pre models through AT&T. Customers who come into the phone company’s wireless retail locations will look at the Pre on one hand and the Apple (AAPL) iPhone on the other. It’s not much of a comparison.

Then there is the question in the back of some customers minds about whether Palm will still be in business in a year.

Douglas A. McIntyre  [email protected].

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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